YETI HOLDINGS INC. - Daily - Technical analysis published on 12/04/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
28%
33%
39%
My opinion
Bearish under 30.70 USD
My targets
28.75 USD (-4.07%)
27.61 USD (-7.87%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on YETI HOLDINGS INC. as long as the price remains well below 30.70 USD. The sellers” bearish objective is set at 28.75 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 27.61 USD. In case of crossing, the next objective would be the support located at 25.78 USD.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
4.1
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The YETI HOLDINGS INC. rating is 29.97 USD. The price registered a decrease of -5.76% on the session and was traded between 29.16 USD and 31.08 USD over the period. The price is currently at +2.78% from its lowest and -3.57% from its highest.29.16
31.08
29.97
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by YETI HOLDINGS INC.:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of YETI HOLDINGS INC. indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 5 are bullish, 7 are neutral and 6 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
MACD indicator is back over 0
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 25.78 | 27.61 | 28.75 | 29.97 | 30.70 | 32.54 | 34.71 |
| Change (%) | -13.98% | -7.87% | -4.07% | - | +2.44% | +8.58% | +15.82% |
| Change | -4.19 | -2.36 | -1.22 | - | +0.73 | +2.57 | +4.74 |
| Level | Intermediate | Minor | Major | - | Intermediate | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 30.80 | 31.13 | 31.47 | 31.80 | 32.14 | 32.47 | 32.81 |
| Camarilla | 31.62 | 31.68 | 31.74 | 31.80 | 31.86 | 31.92 | 31.98 |
| Woodie | 30.80 | 31.13 | 31.47 | 31.80 | 32.14 | 32.47 | 32.81 |
| Fibonacci | 31.13 | 31.39 | 31.55 | 31.80 | 32.06 | 32.22 | 32.47 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 26.60 | 27.87 | 29.82 | 31.09 | 33.04 | 34.31 | 36.26 |
| Camarilla | 30.90 | 31.19 | 31.49 | 31.78 | 32.08 | 32.37 | 32.67 |
| Woodie | 26.95 | 28.04 | 30.17 | 31.26 | 33.39 | 34.48 | 36.61 |
| Fibonacci | 27.87 | 29.10 | 29.86 | 31.09 | 32.32 | 33.08 | 34.31 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.01 | 25.67 | 28.72 | 31.38 | 34.43 | 37.09 | 40.14 |
| Camarilla | 30.21 | 30.73 | 31.26 | 31.78 | 32.30 | 32.83 | 33.35 |
| Woodie | 23.22 | 25.77 | 28.93 | 31.48 | 34.64 | 37.19 | 40.35 |
| Fibonacci | 25.67 | 27.85 | 29.20 | 31.38 | 33.56 | 34.91 | 37.09 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 46.51 | |
| MACD (12,26,9): | -0.0500 | |
| Directional Movement: | -6.07 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 30.51 | |
| Parabolic SAR (0,02-0,02-0,2): | 28.96 | |
| Elder Ray (13): | -0.46 | |
| Super Trend (3,10): | 32.69 | |
| Zig ZAG (10): | 29.97 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 71.05 | |
| TEMA (21): | 30.39 | |
| Williams %R (14): | -59.06 | |
| Chande Momentum Oscillator (20): | 0.56 | |
| Repulse (5,40,3): | -0.8800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1100 | |
| Courbe Coppock: | 0.80 |
| MA7: | 30.66 | |
| MA20: | 30.25 | |
| MA50: | 30.57 | |
| MA100: | 30.42 | |
| MAexp7: | 30.71 | |
| MAexp20: | 30.61 | |
| MAexp50: | 30.53 | |
| MAexp100: | 30.01 | |
| Price / MA7: | -2.25% | |
| Price / MA20: | -0.93% | |
| Price / MA50: | -1.96% | |
| Price / MA100: | -1.48% | |
| Price / MAexp7: | -2.41% | |
| Price / MAexp20: | -2.09% | |
| Price / MAexp50: | -1.83% | |
| Price / MAexp100: | -0.13% |
This member declared not having a position on this financial instrument or a related financial instrument.
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